Veronica Grecu
Veronica Grecu is a senior creative writer and researcher for RentCafe. With more than 10 years of experience in the real estate industry, she covers a variety of topics in residential and commercial real estate, including trends and industry news. Previously, she was involved in producing content for Multi-Housing News, Commercial Property Executive and Yardi Matrix. Veronica’s academic background includes a B.A. in Applied Modern Languages and an M.A. in Advertising and PR.
Philly Welcomes Fresh Giant Food Store, Rehabbed Senior Complex
By Veronica Grecu, Associate Editor
With 47 new locations already opened in Southeastern Pennsylvania over the last few years, Giant Food will finally set foot in Philadelphia. The new 74,000-square-foot store is scheduled to open on July 20 in a former […]
Home Sales Continue to Sink in Metro Detroit; RiverWalk to Inaugurate New Facilities
By Veronica Grecu, Associate Editor
According to a report issued this week by Realcomp II Ltd., a real estate information company headquartered in Farmington Hills, Metro Detroit residential real estate continued to fall for the sixth consecutive month. The report, quoted […]
New Developments Suggest Improvement in Beantown Economy
By Veronica Grecu, Associate Editor
Judging by the number of developments under construction or preparing to begin, Boston’s economy is finally on a recovery track. The Boston Globe reported that more than 4,000 construction jobs will be created in the coming […]
Redevelopment Projects Continue in New York; 220 Park Ave. Sold for $20M
By Veronica Grecu, Associate Editor
New York’s Chelsea Hotel, which was purchased earlier this year by developer Joseph Chetrit for more than $80 million, will undergo major renovation. Although the exterior renovation is limited because of the building’s Queen Anne architectural […]
Navy Pier to be Redeveloped; New Campus Building for Roosevelt University
By Veronica Grecu, Associate Editor
Chicago’s Navy Pier redevelopment plan, dubbed the “Centennial Vision,” was revealed last week by the Metropolitan Pier and Exposition Authority (MPEA) and the recently formed Navy Pier Inc. The improvements will include expanded recreation space and […]
Mixed-Use Property Trades; H Street Reconstruction Project Reaches Completion
By Veronica Grecu, Associate Editor
UDR Inc. made headlines last week with the purchase of View 14, a mixed-use property located at 2303 14th St., N.W., in the Uptown submarket of Washington, D.C. The big national REIT paid a historic $104 million, […]
Web-Design Company Aims for Platinum LEED
By Veronica Grecu, Associate Editor
Two dilapidated properties in Fishtown are being renovated to qualify for a LEED platinum certification, the highest U.S. Green Building ranking. The buildings located at 204 and 206 E. Girard Ave. were purchased for only $349,000 […]
New Student Grant Program will Offset Rents and Decrease Apartment Vacancies
By Veronica Grecu, Associate Editor
Grosse Pointe Park city officials and the Grosse Pointe Housing Foundation launched a student grant program that would help reduce the renting cost for 580 units. According to Patch.com, the program is designed to encourage young […]
Bloomberg’s New Housing Marketplace Plan Allocates $8.4 Billion for Affordable Housing
By Veronica Grecu, Associate Editor
Senior Housing News highlights New York City’s adherence to the national effort to become more green and sustainable. An example is the completion of Serviam Gardens, an affordable housing complex for low- and moderate-income Bronx […]
Increased Home Prices, Low Vacancy Rate in Chicago Area
By Veronica Grecu, Associate Editor
With home prices improving for the third month in a row, the Chicago area real estate struggle might come to an end. A report issued last week by the Illinois Association of Realtors (IAR) and quoted […]